https://www.taxtmi.com/article/detailed?id=16382 Electronic Bank Realisation Certificates (eBRCs) provide digital proof of realisation of export proceeds in convertible foreign exchange and have become the central compliance document for service exporters. The self-certification system on the DGFT portal replaces the older bank-issued BRC process, allowing exporters to generate eBRCs by linking inward remittance messages with invoices and relevant service descriptions. The system is integrated with GSTN, ICEGATE and RBI's export monitoring framework, and is intended to support export compliance, tax processing and regulatory tracking through a paperless workflow. For service exports, the eBRC is closely tied to GST refund claims because export of services is treated as a zero-rated supply and refund eligibility depends on proof of foreign exchange realisation. The article stresses the need for consistency between the RBI purpose code, the GST invoice SAC code and the DGFT purpose code mapping, and notes that mismatches or delays in generation can lead to scrutiny or refund rejection. It also explains that the eBRC is used for refund claims relating to export of services, supplies to SEZ units or developers, and deemed export supplies. en-us Sat, 09 May 2026 07:14:20 +0530 Sat, 09 May 2026 07:14:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16382 Electronic Bank Realisation Certificates (eBRCs) provide digital proof of realisation of export proceeds in convertible foreign exchange and have become the central compliance document for service exporters. The self-certification system on the DGFT portal replaces the older bank-issued BRC process, allowing exporters to generate eBRCs by linking inward remittance messages with invoices and relevant service descriptions. The system is integrated with GSTN, ICEGATE and RBI's export monitoring framework, and is intended to support export compliance, tax processing and regulatory tracking through a paperless workflow. For service exports, the eBRC is closely tied to GST refund claims because export of services is treated as a zero-rated supply and refund eligibility depends on proof of foreign exchange realisation. The article stresses the need for consistency between the RBI purpose code, the GST invoice SAC code and the DGFT purpose code mapping, and notes that mismatches or delays in generation can lead to scrutiny or refund rejection. It also explains that the eBRC is used for refund claims relating to export of services, supplies to SEZ units or developers, and deemed export supplies. Articles Customs - Import - Export - SEZ Sat, 09 May 2026 07:14:20 +0530 https://www.taxtmi.com/article/detailed?id=16382